Guatemala’s Inter-Oceanic corridor is of national/public interest

The Guatemalan government has recently announced that the Inter-Oceanic corridor project, involving a four-lane motorway, a railway, two ports and industrial parks, is of national and public interest, as it will allow the country to position itself strategically for global trade. Such a large scale project is expected to attract foreign investment, create new jobs and enlarge government coffers in terms of taxes. Infrastructure investments of US$ 7 billion- $8 billion have been calculated. The first interna
July 22, 2013 Read time: 1 min
RSSThe Guatemalan government has recently announced that the Inter-Oceanic corridor project, involving a four-lane motorway, a railway, two ports and industrial parks, is of national and public interest, as it will allow the country to position itself strategically for global trade.

Such a large scale project is expected to attract foreign investment, create new jobs and enlarge government coffers in terms of taxes. Infrastructure investments of US$ 7 billion- $8 billion have been calculated. The first international firm to show interest in the Inter-Oceanic corridor is said to be Eurogas Enterprises, which has spoken favourably about this venture.
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